Just 14% of US adults regularly use cashierless checkout, like mobile scan-and-go and just-walk-out technologies. That figure is higher among 18- to 34-year-olds, at 21%, while only 6% of 55- to 65-year-olds use the tech routinely.
We delve through PayPal’s Q3 earnings report to give you the main takeaways.
British firms are capitalizing on consumers and small businesses seeking out more flexible and interest-free payments.
Better-than-expected earnings for Etsy and eBay give retailers a glimmer of hope: But continued losses for Wayfair and Peloton show some categories have a longer, difficult road to recovery.
Kroger plans to acquire Albertsons, a nearly $25 billion deal that will result in a retail media network capable of reaching 85 million US households, according to the company.
Consumers say sustainability is important and want to support sustainable brands, but when it comes time to buy, price often trumps other considerations.
Google makes it easier for holiday shoppers to score a deal: The search giant is helping retailers attract price-conscious consumers with new promotional labels and price comparison tools.
UPS is the latest to turn to logistics-as-a-service to bolster flagging revenues: As shipping volumes fall, the delivery company looks to diversify its business.
BigCommerce merchants can now set up shop on Snapchat: The move grants sellers access to a much wider—and younger—audience, while giving the social platform a much-needed ad boost.
The government may require BNPL providers to carry out affordability checks before approving customers, among other measures.
Amazon announces an advertising hiring freeze: Its ad business is growing healthily, but a tepid holiday season is making it slow its roll.
Amazon pauses corporate hiring: The freeze is the latest in a series of moves to cut costs in the wake of slowing sales.
US ecommerce holiday sales will increase by 2.5% this year, an underwhelming figure compared with 8.6% growth in 2021 and a 33.0% surge in 2020.
Sainsbury’s takes a short-term hit to build long-term loyalty: The UK grocer ate some of its rising costs to limit price increases for cash-strapped shoppers.
In a year plagued with rising prices and supply chain constraints, many retailers are hoping the holiday season will signal a return to normal. But according to Adobe, that may not be the case.